BancorpSouth to Deploy BankBroker
BancorpSouth Investment Services, Inc. Deploys Landmark’s BankBroker Software
FOR IMMEDIATE RELEASE
Press Contacts:
Cognito: Loretta Mock/Paul Damon
+1 646 495 5550
Landmark at cognitomedia dot com
Innovative Technology Integrates Customer Data and Improves Business Process Flows
Braintree, MA, January 7, 2007 – Landmark Technology Partners today announced that two subsidiaries of BancorpSouth, Inc. (NYSE: BXS) have deployed BankBroker, Landmark’s breakthrough sales automation, servicing and processing software. Landmark has completed the first phase of a multi-phase implementation for BancorpSouth Investments Service Inc. and BancorpSouth Insurance Services Inc. and the product is in use by the sales professionals and client managers in these groups.
BankBroker, a cutting-edge data aggregation solution, is an internet-deployed software product built with enterprise technology components. BankBroker integrates front-office, middle-office and back-office functions, including sales, servicing, processing and administration into one collaborative system. The solution allows investments personnel to identify sales opportunities by providing an integrated snapshot of all client/prospect financial data and transaction history.
Specific features of the BancorpSouth implementation:
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Contact and Account Aggregation
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Activity Management
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Electronic Account Opening
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Straight-Thru Processing
Michelle Fridge, First Vice President, said “Landmark’s solution provides BancorpSouth with state of the art automation technology that will allow us to scale our business rapidly going forward with minimal back office staffing requirements. This is in addition to the enhanced relationship management features that will aid our sales team and the surveillance tools needed to automate time consuming compliance responsibilities. The outstanding processing capabilities of the BankBroker product led us to choose Landmark for these services.”
Robert McGill, CEO of Landmark Technologies said “We are pleased to have BancorpSouth as a flagship client and partner. We believe our solution, which streamlines processes and operations, will contribute to BancorpSouth’s continued growth and success.”
About BancorpSouth
Headquartered in Tupelo, Mississippi, BancorpSouth, Inc., (NYSE: BXS) is a $13.2 billion financial holding company that operates 290 commercial banking, mortgage, insurance, trust and broker/dealer locations in Alabama, Arkansas, Florida, Louisiana, Mississippi Missouri, Tennessee and Texas with a staff of approximately 4,000 full-time employees. BancorpSouth and its subsidiaries provide, in addition to traditional banking services, mortgage origination and servicing, student loans, leasing, credit card, trust and fiduciary services, brokerage, investment and insurance services. For more information, visit www.bancorpsouth.com
Investment products, including variable annuities, are offered by BancorpSouth Investment Services, Inc. Insurance products are offered by BancorpSouth Insurance Services, Inc. Both are wholly owned subsidiaries of BancorpSouth Bank. Investment and Insurance products are NOT FDIC Insured – No Bank Guarantee – May Lose Value.
About Landmark Technology Partners
Landmark provides the financial services market with end-to-end solutions for contact management, account aggregation, electronic form/account processing, workflow and commissions. Landmark specializes in solving front, middle and back-office challenges efficiently. For more information, visit: www.landmarktechpartners.com or contact Bruce Graham at 401-864-2725/ bgraham@landmarktechpartners.com